The effect of R&D expenditures on stock market returns and volatility

• Main Author: Καραβούλια, Αγγελική
• Other Authors: Σόγιακας, Βασίλειος
• Format: Thesis
• Language: English
• Published: 2020
• Subjects: R&D; Stock market valuation; Stock volatility; 'Eρευνα και ανάπτυξη; Αποτίμηση χρηματιστηριακής αγοράς; Μεταβλητότητα αποδόσεων των μετοχών

This research is going to investigate how stock prices and volatility are affected by R&D expenditures for R&D intensive firms in US during the period 2012 to 2018. The objective is to see whether stock prices fully reflect the value of R&D investments and whether there is any association b...